Climate change transparency of WhiteWave recognized by CDP
DENVER, Colo., (Nov.16, 2015) – WhiteWave Foods (NYSE: WWAV) has been identified as a U.S. leader for the quality of climate change related information that it has disclosed to investors and the global marketplace through CDP the international not-for-profit that drives sustainable economies. It is therefore awarded a position on the Climate Disclosure Leadership Index (CDLI), released today in the S&P edition of CDP’s annual global climate change report. The news comes three weeks ahead of COP21, the UN climate change conference, when national leaders meet to agree to a global deal to reduce carbon emissions and limit temperature warming.
WhiteWave has earned its position on the index by disclosing high quality carbon emissions and energy data through CDP’s climate change program. The reported data has been independently assessed against CDP’s scoring methodology and marked out of 100. Those organizations graded within the top 10% constitute the CDLI. WhiteWave has scored 99B out of a 100A.
“We are honored that WhiteWave’s sustainability efforts are being recognized by CDP and view this is as testament to the work we are doing across our business to reduce our environmental footprint,” said Wendy Behr, Senior Vice President, R&D and Sustainability for WhiteWave’s Americas Foods & Beverages segment. “Furthermore, we appreciate the continued pursuit from our employees to create and cultivate a new kind of food company through transparency, innovation and operations.”
At the request of 822 investors who represent US$95 trillion in assets, thousands of companies submit annual climate disclosures to CDP. Top scores indicate a high level of transparency in the disclosure of climate change-related information, providing investors with a level of comfort to assess corporate accountability and preparedness for changing market demands and emissions regulation.
Paul Dickinson, executive chairman and co-founder of CDP says: “As the world looks beyond the Paris climate change negotiations and prepares for a low carbon future, reliable information about how companies are responding to the transition will be ever more valuable. For this reason we congratulate those businesses that have achieved a position on CDP’s Climate Disclosure Leadership Index.”
About the WhiteWave Foods Company
The WhiteWave Foods Company is a leading consumer packaged food and beverage company that manufactures, markets, distributes, and sells branded plant-based foods and beverages, coffee creamers and beverages, premium dairy products and organic produce throughout North America and Europe. The Company also holds a 49% ownership interest in a joint venture that manufactures, markets, distributes, and sells branded plant-based beverages in China. WhiteWave is focused on providing consumers with innovative, great-tasting food and beverage choices that meet their increasing desires for nutritious, flavorful, convenient, and responsibly-produced products. The Company’s widely-recognized, leading brands distributed in North America include Silk®, So Delicious® and Vega™ plant-based foods and beverages, International Delight® and LAND O LAKES®* coffee creamers and beverages, Horizon Organic® and Wallaby Organic premium dairy products and Earthbound Farm® organic salads, fruits and vegetables. Its popular plant-based foods and beverages brands in Europe include Alpro® and Provamel®, and its plant-based beverages in China are sold under the Silk® ZhiPuMoFang® brand. To learn more about WhiteWave, visit http://www.whitewave.com/.